City Futures Blog

News and research in housing and urban policy, from Australia’s leading urban policy research centre.

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Entries Tagged as 'Tax'

Value Capture: options for funding infrastructure

October 6th, 2016 · 2 Comments · Cities, Construction, Guest appearance, Tax, Transport, urban renewal

By Dr Nigel Stapledon and Prof Kevin Fox, Centre for Applied Economic Research, University of NSW. This article draws on the authors’ report, Value Capture Is Not a Magic Pudding: options for funding infrastructure, prepared for the Urban Taskforce. With major new transport infrastructure being built in our major cities, the idea of value capture has been in the […]

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Apartment construction boom: is this the end of the dream?

July 22nd, 2016 · 1 Comment · Affordability, Cities, Construction, Housing supply, Tax

By Laurence Troy Australian Construction Insights (ACI) released their latest brief last Monday 18 July and noted that for the first time in Australia, construction starts for multi-unit housing were higher than for detached housing.  Of course, there ought to be caution in reading these figures, as any decent geographer will tell you, location and […]

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Housing’s back

July 12th, 2016 · No Comments · Affordability, Government, Housing, Tax

One week on and the election has produced a government – which, for a while there, didn’t look like a sure thing. However, the more remarkable result of the election campaign was this: one of the major parties campaigned on reforming tax settings to reduce house price speculation and, having grasped what was long supposed to […]

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Might Labor’s negative gearing policy yet save the housing market?

May 26th, 2016 · 1 Comment · Affordability, Construction, Government, Housing, Housing supply, Tax

Originally published at The Conversation. The Real Estate Institute of Australia (REIA) has unleashed the hounds on Labor’s proposed reforms to negative gearing. The REIA’s campaign, Negative Gearing Affects Everyone, follows the lead of the Property Council, which describes the Australian housing market as a “house of cards”, with the REIA stressing how “fragile” the […]

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The dust up over density

May 24th, 2016 · 2 Comments · Cities, Government, Housing supply, Planning, Social housing, Tax

By Bill Randolph, Director, City Futures Research Centre. Originally published in Domain. The indicative massing strategy for the Central to Eveleigh study area. Photo: City of Sydney, UrbanGrowth We’ve all heard about the ‘Brawl over Sprawl’.  Well, now we have the ‘Dust up over Density’.  The stakes, as well as the buildings, are high because this […]

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The Australian housing market is a house of cards

May 6th, 2016 · 2 Comments · Affordability, Government, Housing, Tax

When Prime Minister Malcolm Turnbull announced that his government would change nothing about Australia’s tax settings on negative gearing and capital gains, one of the Sunday papers ran the headline ‘Safe as Houses‘. Hardly. The Australian housing market is a house of cards – and that’s the view of the property lobby itself, as depicted […]

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The tax reform right under Turnbull’s nose

April 5th, 2016 · 2 Comments · Affordability, Government, Tax, Transport

Three days was all it took for ‘the most fundamental reform to the Federation in generations‘ – Prime Minister Malcolm Turnbull’s proposal to allow each of the States to set its own income tax, at different rates, on top of the Federal income tax – to be consigned by State and Territory leaders to history […]

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Housing Shortage? Empty houses, housing affordability and artificial scarcity

March 29th, 2016 · 1 Comment · Affordable housing, Housing supply, Tax

Below is an extended version of an article published in the Sydney Morning Herald on Monday 28th March 2016.   By Laurence Troy and Bill Randolph A major myth that permeates the recent debate on housing affordability is that the present level of housing supply is not meeting demand. Scarcity of housing, we are repeatedly […]

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Would negative gearing reform push up rents?

March 3rd, 2016 · No Comments · Affordability, Government, Tax

Modeller to the property industry, BIS Shrapnel, reckons reforming negative gearing would increase rents by 4-10 per cent. Is that right? First, always keep in mind that when property interests ‘warn’ about rent increases, you should suspect an ulterior motive. Landlords  and their representatives aren’t worried about or afraid of rent increases – they love […]

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Tax reform for affordable housing: Labor’s negative gearing and capital gains tax proposals

February 18th, 2016 · No Comments · Affordability, Construction, Housing, Tax

By proposing to restrict negative gearing to new-built housing and reduce the tax discount for capital gains, Federal Labor has presented a real policy platform for more affordable housing. The high cost of housing in Australia – to buy, and to rent – is largely a product of our current tax settings, which favour highly-geared […]

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